CHARLES FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- CHARLES FOUNDATION INC (EIN 22-3292066)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-06
- IRS object ID
- 202401279349102125
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Expln Of Non Filing With AG Stmt
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-06T12:41:00-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221914497 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Olsen & Thompson PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 970 Mount Kemble Ave | AddressLine1Txt |
| City | Morristown | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07960 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223292066 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARLES FOUNDATION INC | BusinessNameLine1Txt |
| Business Name Line2 | C/O ROBERT C ROOKE | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHAR | BusinessNameControlTxt |
| Phone | 9735392281 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SPRING VALLEY ROAD 668 | AddressLine1Txt |
| City | MORRISTOWN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07960 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT ROOKE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9735392281 | PhoneNum |
| Signature | 2024-04-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ROBERT | PersonFirstNm |
| Person Last | ROOKE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRIAN DOHERTY | PreparerPersonNm |
| PTIN | P00022611 | PTIN |
| Phone | 9734253212 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $43,140,422 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $1,714,272 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,714,272 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$31,312 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,111,682 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,887 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,887 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,684,847 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,716,159 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $53,800 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $26,900 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $26,900 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $52,913 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $6,765 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $20,610 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,245 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $16 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $127,323 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $37,910 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $26,916 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,303,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,303,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,430,323 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $37,910 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,329,916 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$745,476 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,678,249 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $953 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,175 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,175 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $22,177,802 | CorporateStockBOYAmt |
| Corporate Stock EOY | $22,905,286 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $42,910,381 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,702,048 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $228,866 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $228,866 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $23,880,803 | TotalAssetsBOYAmt |
| Total Assets EOY | $23,135,327 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $43,140,422 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $23,880,803 | RetainedEarningBOYAmt |
| Retained Earning EOY | $23,135,327 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $23,880,803 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $23,135,327 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $23,880,803 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $23,135,327 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $23,880,803 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$745,476 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $23,135,327 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $23,135,327 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (14 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 10000 SH INTEL | P | 2014-04-04 | 2023-02-24 | $258,860 | $261,009 | -$2,149 | -$2,149 |
| 6000 SH NEWTEKONE INC | P | 2023-08-07 | $111,061 | $101,829 | $9,232 | $9,232 | |
| 52 SH WARNER BROTHERS DISCOVERY | P | 2022-08-30 | 2023-03-27 | $736 | $769 | -$33 | -$33 |
| 8000 SH STELLANTIS NV | P | 2023-05-01 | $132,876 | $120,214 | $12,662 | $12,662 | |
| 10000 SH CAMPBELL SOUP | P | 2009-12-21 | 2023-09-26 | $413,696 | $337,352 | $76,344 | $76,344 |
| 4000 SH NEWTEKONE INC | P | 2023-08-07 | $74,041 | $102,626 | -$28,585 | -$28,585 | |
| 6048 SH WARNER BROS DISC | P | 2023-03-27 | $85,619 | $183,675 | -$98,056 | -$98,056 | |
| 2000 SH STELLANTIS NV | P | 2023-05-01 | $33,219 | $33,666 | -$447 | -$447 | |
| FROM K-1 - WESTERN MIDSTREAM | P | $150 | $150 | $150 | |||
| FROM K-1 - PLAINS ALL AMERICAN | P | $185 | $185 | $185 | |||
| FROM K-1 - ICHAN ENTERPRISES | P | $1,630 | -$1,630 | -$1,630 | |||
| FROM K-1 - ICHAN ENTERPRISES | P | $224 | -$224 | -$224 | |||
| FROM K-1 - ICHAN ENTERPRISES | P | $188 | $188 | $188 | |||
| Capital Gains Dividends | P | $1,051 | $1,051 | $1,051 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$31,312 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $23,328 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $23,328 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $23,328 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $25,300 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $25,300 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,972 | OverpaymentAmt |
| Applied To ES Tax | $1,972 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NJ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | 0 | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | CHARLES FOUNDATION | IndividualWithBooksNm |
| Phone | 9735392281 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 65 MADISON AVE SUITE 560 | AddressLine1Txt |
| City | MORRISTOWN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07960 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| ROBERT C ROOKE | ||||||||
| SPRING VALLEY ROAD 668 | MORRISTOWN | NJ | 07960 | PRES-TREAS/TRUSTEE | 5.00 | $0 | $0 | $0 |
| NATALIE D ROOKE | ||||||||
| SPRING VALLEY ROAD 668 | MORRISTOWN | NJ | 07960 | VICE PRES/TRUSTEE | 5.00 | $0 | $0 | $0 |
| ROBERT C ROOKE JR | ||||||||
| 47 SCHOOLHOUSE LN | MORRISTOWN | NJ | 07960 | SECRETARY/TRUSTEE | 5.00 | $0 | $0 | $0 |
| THOMAS W ROOKE | ||||||||
| 620 SEA ISLAND RD 316 | ST SIMONS ISLAND | GA | 31522 | TRUSTEE | 5.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $40,906,632 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,473,533 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $42,380,165 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $42,380,165 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $635,702 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $41,744,463 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,087,223 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,087,223 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $23,328 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $23,328 | TotalTaxAmt |
| Distributable Before Adj | $2,063,895 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,063,895 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,063,895 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,329,916 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,329,916 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,063,895 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $44,890 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $173,198 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $140,731 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $358,819 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,329,916 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,063,895 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $266,021 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $624,840 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $44,890 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $579,950 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $173,198 | ExcessFromYear4Amt |
| Excess From Year3 | $140,731 | ExcessFromYear3Amt |
| Excess From Current Year | $266,021 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (70 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ANDOVER EMS | |||||||
| 407 FLAGHOLE RD | ANDOVER | NH | 03216 | NONE | IRC 501 (C)(3) | MEDICAL | $15,000 |
| ANDOVER FIRE | |||||||
| 407 FLAGHOLE RD | ANDOVER | NH | 03216 | NONE | IRC 501 (C)(3) | MEDICAL | $5,000 |
| ANDROSCOGGIN HOME HEALTHCARE & HOSPICE | |||||||
| 15 STRAWBERRY AVE | LEWISTON | ME | 04240 | NONE | IRC 501 (C)(3) | MEDICAL | $35,000 |
| APPALACHAIN TRAIL CONSERVANCY | |||||||
| PO BOX 807 | HARPERS FERRY | WV | 25425 | NONE | IRC 501 (C)(3) | ENVIRONMENT | $5,000 |
| ASSUMPTION SCHOOL | |||||||
| 63 MACCULLOCH AVE | MORRISTOWN | NJ | 07960 | NONE | IRC 501 (C)(3) | EDUCATION | $5,000 |
| BABSON COLLEGE | |||||||
| 231 FOREST ST | BABSON PARK | MA | 024570310 | NONE | IRC 501 (C)(3) | EDUCATION | $30,000 |
| BOSTON COLLEGE SCHOOL OF NURSING | |||||||
| 140 COMMONWEALTH AVE | CHESTNUT HILL | MA | 02467 | NONE | IRC 501 (C)(3) | EDUCATION | $5,000 |
| BOSTON MUSIC PROJECT | |||||||
| PO BOX 180772 | BOSTON | MA | 02118 | NONE | IRC 501 (C)(3) | EDUCATION | $10,000 |
| BRIDGEWATER-HEBRON EDUCATIONAL ASSOCIATION | |||||||
| 297 MAYHEW TPKE | BRIDGEWATER | NH | 03222 | NONE | IRC 501 (C)(3) | EDUCATION | $182,000 |
| BUCKNELL UNIVERSITY | |||||||
| 701 MOORE AVE | LEWISBURG | PA | 17837 | NONE | IRC 501 (C)(3) | EDUCATION | $430,000 |
| CALLICOON VOLUNTEER FIRE DEPT | |||||||
| PO BOX 806 | CALLICOON | NY | 12723 | NONE | IRC 501 (C)(3) | MEDICAL | $5,000 |
| CHILDREN'S SPECIALIZED HOSPITAL FOUNDATION | |||||||
| 150 NEW PROVIDENCE RD | MOUNTAINSIDE | NJ | 07092 | NONE | IRC 501 (C)(3) | MEDICAL | $5,000 |
| CHRIST THE KING CHURCH | |||||||
| 16 BLUE MILL ROAD | NEW VERNON | NJ | 07976 | NONE | IRC 501 (C)(3) | RELIGIOUS | $5,000 |
| CHRISTOPHER & DANA REEVE FOUNDATION | |||||||
| 636 MORRIS TPKE | SHORT HILLS | NJ | 07078 | NONE | IRC 501 (C)(3) | MEDICAL | $10,000 |
| CIRCLE PROGRAM | |||||||
| 85 MAIN ST | PLYMOUTH | NH | 03264 | NONE | IRC 501 (C)(3) | EDUCATION | $1,000 |
| COASTAL OUTREACH ACADEMIES INC | |||||||
| 1425 CATE RD | BRUNSWICK | GA | 31525 | NONE | IRC 501 (C)(3) | EDUCATION | $5,000 |
| COLBY-SAWYER COLLEGE | |||||||
| 100 MAIN ST | NEW LONDON | NH | 03257 | NONE | IRC 501 (C)(3) | EDUCATION | $300,000 |
| CULVER ACADEMIES | |||||||
| 1300 ACADEMY ROAD | CULVER | IN | 46511 | NONE | IRC 501 (C)(3) | EDUCATION | $10,000 |
| DAMASCUS CITIZENS FOR SUSTAINABILITY INC | |||||||
| PO BOX 147 | MILANVILLE | PA | 18443 | NONE | IRC 501 (C)(3) | ENVIRONMENT | $7,500 |
| DAMASCUS TWP VOLUNTEER AMBULANCE CORPS INC | |||||||
| PO BOX 63 | DAMASCUS | PA | 18415 | NONE | IRC 501 (C)(3) | MEDICAL | $5,000 |
| DARTMOUTH COLLEGE | |||||||
| 6066 DEVELOPMENT OFFICE | HANOVER | NH | 03755 | NONE | IRC 501 (C)(3) | EDUCATION | $30,000 |
| DELAWARE FOOD PANTRY | |||||||
| PO BOX 705 | LAMBERTVILLE | NJ | 08530 | NONE | IRC 501 (C)(3) | SOCIAL SERVICES | $7,500 |
| DELAWARE YOUTH CENTER INC | |||||||
| PO BOX 354 | CALLICOON | NY | 12723 | NONE | IRC 501 (C)(3) | EDUCATION | $5,000 |
| DELBARTON SCHOOL | |||||||
| 230 MENDHAM ROAD | MORRISTOWN | NJ | 07960 | NONE | IRC 501 (C)(3) | EDUCATION | $5,000 |
| EVANGELICAL HOSPITAL | |||||||
| ONE HOSPITAL DR | LEWISBURG | PA | 07837 | NONE | IRC 501 (C)(3) | MEDICAL | $5,000 |
| FRIENDS OF THE DELAWARE CANAL | |||||||
| 145 S MAIN ST | NEW HOPE | PA | 18938 | NONE | IRC 501 (C)(3) | ENVIRONMENT | $7,500 |
| FRIENDS OF WILSON LAKE | |||||||
| PO BOX 560 | WILTON | ME | 04294 | NONE | IRC 501 (C)(3) | ENVIRONMENT | $5,000 |
| GOLDEN ISLES LEADERSHIP FOUNDATION INC | |||||||
| 1508 BAY ST | BRUNSWICK | GA | 31520 | NONE | IRC 501 (C)(3) | EDUCATION | $5,000 |
| GRAFTON COUNTY SENIOR CENTER | |||||||
| 8 DEPOT ST | PLYMOUTH | NH | 03264 | NONE | IRC 501 (C)(3) | MEDICAL | $25,000 |
| GROVER HERMANN HOSPITAL AUXILIARY | |||||||
| 8881 ROUTE 97 | CALLICOON | NY | 12723 | NONE | IRC 501 (C)(3) | MEDICAL | $15,000 |
| HARDING TWP HISTORICAL SOCIETY | |||||||
| PO BOX 1776 | NEW VERNON | NJ | 07976 | NONE | IRC 501 (C)(3) | EDUCATION | $5,000 |
| HIGH FIVES FOUNDATION | |||||||
| 10775 PIONEER TRAIL | TRUCKEE | CA | 96161 | NONE | IRC 501 (C)(3) | MEDICAL | $50,000 |
| KELLY BRUSH FOUNDATION | |||||||
| 3 MAIN ST | BURLINGTON | VT | 05401 | NONE | IRC 501 (C)(3) | MEDICAL | $5,000 |
| KENT PLACE SCHOOL | |||||||
| 42 NORWOOD AVE | SUMMIT | NJ | 07901 | NONE | IRC 501 (C)(3) | EDUCATION | $17,500 |
| MARKET STREET MISSION | |||||||
| 9 MARKET STREET | MORRISTOWN | NJ | 07960 | NONE | IRC 501 (C)(3) | COUNSELING | $10,000 |
| MAYHEW PROGRAM | |||||||
| PO BOX 120 | BRISTOL | NH | 03222 | NONE | IRC 501 (C)(3) | EDUCATION | $25,000 |
| MAYO PERFORMING ARTS CENTER | |||||||
| 100 SOUTH ST | MORRISTOWN | NJ | 07960 | NONE | IRC 501 (C)(3) | ARTS | $5,000 |
| MORRISTOWN MEDICAL CENTER FOUNDATION | |||||||
| 475 SOUTH STREET | MORRISTOWN | NJ | 07960 | NONE | IRC 501 (C)(3) | MEDICAL | $100,000 |
| NATIONAL WORLD WAR II MUSEUM | |||||||
| 945 MAGAZINE ST | NEW ORLEANS | LA | 70130 | NONE | IRC 501 (C)(3) | EDUCATION | $5,000 |
| NEW HOPE EAGLE FIRE COMPANY | |||||||
| 46 SUGAN RD | NEW HOPE | PA | 18938 | NONE | IRC 501 (C)(3) | MEDICAL | $7,500 |
| NEWFOUND LAKE REGION ASSOCIATION | |||||||
| 800 LAKE ST | BRISTOL | NH | 03222 | NONE | IRC 501 (C)(3) | CONSERVATION | $25,000 |
| OUR LADY OF MERCY HIGH SCHOOL | |||||||
| 1437 BLOSSOM RD | ROCHESTER | NY | 14610 | NONE | IRC 501 (C)(3) | EDUCATION | $5,000 |
| OVERLOOK HOSPITAL FOUNDATION | |||||||
| BOX 220 | SUMMIT | NJ | 07902 | NONE | IRC 501 (C)(3) | MEDICAL | $25,000 |
| PEMI-BAKER HOSPICE & HOME HEALTH | |||||||
| 101 BOULDER POINT DR | PLYMOUTH | NH | 03264 | NONE | IRC 501 (C)(3) | MEDICAL | $5,000 |
| PENNINGTON MONTESSORI SCHOOL | |||||||
| 4 TREE FARM RD | PENNINGTON | NJ | 08534 | NONE | IRC 501 (C)(3) | EDUCATION | $5,000 |
| PINGRY SCHOOL | |||||||
| 131 MARTINSVILLE ROAD | BASKING RIDGE | NJ | 07920 | NONE | IRC 501 (C)(3) | EDUCATION | $75,000 |
| PRESBYTERIAN CHURCH IN MORRISTOWN | |||||||
| 65 SOUTH ST | MORRISTOWN | NJ | 07960 | NONE | IRC 501 (C)(3) | RELIGIOUS | $10,000 |
| PROCTOR ACADEMY | |||||||
| PO BOX 500 | ANDOVER | NH | 03216 | NONE | IRC 501 (C)(3) | EDUCATION | $30,000 |
| SEMESTER AT SEA | |||||||
| PO BOX 400885 | CHARLOTTESVILLE | VA | 22903 | NONE | IRC 501 (C)(3) | EDUCATION | $5,000 |
| SKIDMORE COLLEGE | |||||||
| 815 N BROADWAY | SARATOGA SPRINGS | NY | 12866 | NONE | IRC 501 (C)(3) | EDUCATION | $7,500 |
| SPAULDING YOUTH CENTER FOUNDATION | |||||||
| 72 SPAULDING RD | NORTHFIELD | NH | 03276 | NONE | IRC 501 (C)(3) | EDUCATION | $10,000 |
| SPEARE MEMORIAL HOSPITAL | |||||||
| 16 HOSPITAL ROAD | PLYMOUTH | NH | 03264 | NONE | IRC 501 (C)(3) | MEDICAL | $200,000 |
| STAR FOUNDATION INC | |||||||
| 1612 NEWCASTLE ST | BRUNSWICK | GA | 31520 | NONE | IRC 501 (C)(3) | EDUCATION | $7,500 |
| STRONG UNITED METHODIST CHURCH | |||||||
| 8 CHURCH HILL ROAD | STRONG | ME | 04983 | NONE | IRC 501 (C)(3) | RELIGIOUS | $20,000 |
| SUSQUEHANNA UNIVERSITY | |||||||
| 514 UNIVERSITY AVE | SELINSGROVE | PA | 17870 | NONE | IRC 501 (C)(3) | EDUCATION | $200,000 |
| TAPPLY-THOMPSON COMMUNITY CENTER | |||||||
| 30 NORTH MAIN ST | BRISTOL | NH | 03222 | NONE | IRC 501 (C)(3) | EDUCATION | $5,000 |
| THE CARDIGAN FOUNDATION | |||||||
| 620 SEA ISLAND RD | ST SIMONS ISLAND | GA | 31522 | NONE | IRC 501 (C)(3) | PHILANTHROPY | $100,000 |
| THE PRAXIS PROJECT | |||||||
| PO BOX 7259 | OAKLAND | CA | 94601 | NONE | IRC 501 (C)(3) | EDUCATION | $5,000 |
| THE SEEING EYE | |||||||
| PO BOX 375 | MORRISTOWN | NJ | 07963 | NONE | IRC 501 (C)(3) | EDUCATION | $5,000 |
| THE WATERSHED INSTITUTE INC | |||||||
| 31 TITUS MILL RD | PENNINGTON | NJ | 08534 | NONE | IRC 501 (C)(3) | EDUCATION | $10,000 |
| TRAVIS MANION FOUNDATION | |||||||
| PO BOX 1485 | DOYLESTOWN | PA | 18901 | NONE | IRC 501 (C)(3) | EDUCATION | $7,500 |
| TRINITAS HEALTH FOUNDATION | |||||||
| PO BOX 259 | ELIZABETH | NJ | 07207 | NONE | IRC 501 (C)(3) | MEDICAL | $5,000 |
| TUCK SCHOOL OF BUSINESS AT DARTMOUTH | |||||||
| 6066 DEVELOPMENT OFFICE | HANOVER | NH | 03755 | NONE | IRC 501 (C)(3) | EDUCATION | $50,000 |
| UNIVERSITY OF PENNSYLVANIA SCHOOL OF NURSING | |||||||
| PO BOX 71332 | PHILADELPHIA | PA | 19176 | NONE | IRC 501 (C)(3) | EDUCATION | $5,000 |
| VERMONT ADAPTIVE SKI & SPORTS | |||||||
| PO BOX 139 | KILLINGTON | VT | 05751 | NONE | IRC 501 (C)(3) | MEDICAL | $5,000 |
| VILLA WALSH ACADEMY | |||||||
| 455 WESTERN AVE | MORRISTOWN | NJ | 07960 | NONE | IRC 501 (C)(3) | EDUCATION | $5,000 |
| WILTON FREE PUBLIC LIBRARY | |||||||
| PO BOX 454 | WILTON | ME | 04294 | NONE | IRC 501 (C)(3) | EDUCATION | $20,000 |
| WILTON UNITED METHODIST CHURCH | |||||||
| MAIN STREET | WILTON | ME | 04294 | NONE | IRC 501 (C)(3) | RELIGIOUS | $20,000 |
| WORLD WAR II FOUNDATION | |||||||
| 344 MAIN ST | SOUTH KINGSTON | RI | 02879 | NONE | IRC 501 (C)(3) | EDUCATION | $5,000 |
| YALE SCHOOL OF FORESTRY-BROAD ARROW SCHOLARSHIP | |||||||
| 195 PROSPECT ST | NEW HAVEN | CT | 06511 | NONE | IRC 501 (C)(3) | EDUCATION | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,303,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,714,272 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,887 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$31,312 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,684,847 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,684,847 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| TAX PREPARATION | $3,800 | $1,900 | $1,900 |
| BOOKKEEPING | $50,000 | $25,000 | $25,000 |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Private Foundations are not required to send in a copy of the return to the State of NJ nor are they required to file online. | ExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | VARIOUS EQUITY INVESTMENTS | StockNm |
| EOY Book Value | $22,905,286 | EOYBookValueAmt |
| EOYFMV | $42,910,381 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MONEY FUNDS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $228,866 | BookValueAmt |
| EOYFMV | $228,866 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MISCELLANEOUS EXPENSES | $31 | $15 | $16 |
| FROM K-1 PLAINS ALL AMERICAN | $250 | $0 | $0 |
| NONDEDUCTIBLE EXP - K-1 - PLAINS ALL AMERICAN | $112 | $0 | $0 |
| FROM K-1 WESTERN MIDSTREAM PTRS | $5,481 | $0 | $0 |
| NONDEDUCTIBLE EXP - K-1 - WESTERN MIDSTREAM | $34 | $0 | $0 |
| FROM K-1 PLAINS ALL AM - OTHER EXP | $27 | $27 | $0 |
| FROM K-1 ICAHN ENTERPRISS | $10,472 | $0 | $0 |
| FROM K-1 WESTERN MIDSTREAM PTRS | $32 | $32 | $0 |
| FROM K-1 ICAHN ENT - PORT DED | $45 | $45 | $0 |
| FROM K-1 ICAHN ENT - INV INT EXP | $4,126 | $4,126 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| FROM K-1 - PLAINS ALL AMERICAN | $1,883 | $1,883 | $1,883 |
| FROM K-1 - ICAHN ENTERPRISES | $4 | $4 | $4 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL EXCISE TAX | $46,148 | $0 | $0 |
| FROM K-1 - PLAINS ALL AMERICAN | $3,060 | $3,060 | $0 |
| FOREIGN TAXES WITHHELD | $3,705 | $3,705 | $0 |